🔹 Adj EPS: $3.73 (Est. $3.58) 🟢; +13% YoY
🔹 Revenue: $7.3B (Est. $7.13B) 🟢; +14% YoY
🔹 GAAP EPS: $3.59 (Est. $3.58) 🟢; +11% YoY
🔹 Adj Operating Margin: 59.3% (Prev. 58.8%)
🔹 Adj Tax Rate: 19.1% (Prev. 15.9%)
Volume & Transaction Metrics
🔹 Purchase Volume: $1.99T (Est. $2.04T) 🔴; +10% YoY
🔹 Gross Dollar Volume: $2.4T; +9% YoY
🔹 Cross-Border Volume: +15% YoY (Est. +17.4%) 🔴
🔹 Switched Transactions: +9% YoY
Segment Revenue Breakdown
Payment Network
🔹 Revenue: +13% YoY
🔸 Driven by core volume growth, rebates, and key client renewals
Value-Added Services
🔹 Revenue: +16% YoY (18% currency-neutral)
🔸 Boosted by security, digital authentication, consumer engagement solutions
🔸 4ppt contribution from acquisitions
Capital Return
🔹 Buybacks: $2.5B (Q1) + $884M (QTD)
🔹 Dividends Paid: $694M
🔹 Buyback Authorization Remaining: $11.8B
CEO Commentary (Michael Miebach)
🔸 "Strong start to 2025 with double-digit growth across revenue and earnings.
🔸 Innovation momentum with Agent Pay launch and Corpay partnership.
🔸 Well-positioned to navigate macro uncertainty with a resilient model."